NVDA reported today after the bell and beat with record quarterly revenue of $4.73B (+57% yoy), record gaming revenue of $2.27B (beat consensus by 37%) and record data revenue of $1.90B (beat consensus by 5.6%). They also beat on EPS. Guiding Q4 revenue to be $4.8B. NVIDIA entered into a definitive agreement with to acquire Arm Limited for $40 billion.
"We are positioning NVIDIA for the age of AI, when computing will extend from the cloud to trillions of devices."
Looking for NVIDIA to dip to the 500 level for a long term buy.
"We are positioning NVIDIA for the age of AI, when computing will extend from the cloud to trillions of devices."
Looking for NVIDIA to dip to the 500 level for a long term buy.
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